Accounting

 PwC and Oracle to Offer IFRS 9 Compliance Expertise

January 19, 2017 

PwC and Oracle to Offer IFRS 9 Compliance Expertise

Oracle Financial Services Analytical Applications and PwC have formed a global collaboration to offer technology, implementation and consulting solutions to help financial institutions meet near-term and ongoing compliance with the new IFRS ...

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January 19, 2017 

Survey: Small Business Owners Upbeat on Trump

A new survey of small business owners shows more than half believe Donald Trump's administration will have a positive impact on their business, while only 9% think he will have a negative impact.

 AICPA Issues New Revenue Recognition Guide

January 17, 2017 

AICPA Issues New Revenue Recognition Guide

With companies and not-for-profit entities facing a top-to-bottom review of their revenue recognition because of a looming accounting standard, the American Institute of CPAs (AICPA) has issued the first online edition of an Audit & Accounting Guide ...

 Clarity on Switch from SSAE 16 to SSAE 18

January 16, 2017 

Clarity on Switch from SSAE 16 to SSAE 18

The switch from SSAE 16 to SSAE 18 will have an impact on companies who currently perform the SSAE 16 audit, but will have an even greater impact on those companies who are considered third party vendors to other businesses, and currently do not ...

 FASB to Host Roundtable Meetings on Disclosure Framework

January 16, 2017 

FASB to Host Roundtable Meetings on Disclosure Framework

The purpose of the roundtable meetings is to obtain feedback on whether the proposed FASB Concepts Statement, Conceptual Framework for Financial Reporting—Chapter 8: Notes to Financial Statements (Chapter 8) , is useful in identifying relevant ...

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January 16, 2017 

Report Helps Businesses Prepare for Trump Tax Reforms

KPMG has issued a detailed report, “Understanding the Tax Reform Process: FAQ,” with a high-level overview on the U.S. tax reform outlook and steps for businesses to consider for a possible tax overhaul. The report – in question/answer format, ...

Marijuana Pot Store

January 16, 2017 

California Marijuana Shops Go Upscale, Resemble Apple Stores

Cannabis entrepreneurs, borrowing from successful retailers such as Apple and Whole Foods, are opening dispensaries with natural light, spacious displays and open-floor plans. With weed now legal for recreational use in California and six other states ...